DIRECT LINE INSURANCE GROUP (DLG.L) Stock Technical Analysis
LON:DLG - London Exchange - GB00BY9D0Y18 - Common Stock - Currency: GBX
We assign a technical rating of 10 out of 10 to DLG. Both in the recent history as in the last year, DLG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, DLG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 305.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 302.01, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
152.81
We found 5 important support areas.
- A support zone ranging from 297.99 to 302.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 264.60 to 270.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @254.20 from a horizontal line in the daily time frame.
- Support @161.07 from a horizontal line in the weekly time frame.
- Support @154.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 305.41 to 305.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DLG.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLG.L is up. |
| ChartMill Relative Strength | 92.74 | POSITIVE | DLG.L has a high relative strength, it outperformed 92.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLG.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLG.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DLG.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.34 | NEUTRAL | The RSI value for DLG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests DLG.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.11 | OVERBOUGHT | The high Stochastics value suggests DLG.L may be overbought. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for DLG.L suggests low volalility. |
| Average Directional Index/ADX (14) | 23.92 | NEUTRAL | The ADX value for DLG.L suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 305.62 | 296.19 | 9.43 (3.09%) | 25.00% |
| An entry @305.62. This is a Buy Stop order right above the resistance zone. | An exit @296.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.43 points, which is 3.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LON:DLG (6/19/2025, 5:29:57 PM)
305.4
-0.2 (-0.07%)